ML20100K199
| ML20100K199 | |
| Person / Time | |
|---|---|
| Site: | Fermi  |
| Issue date: | 05/28/1976 |
| From: | Askegaard D RURAL ELECTRIFICATION ADMINISTRATION |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| Shared Package | |
| ML20100K197 | List: |
| References | |
| NUDOCS 8504120312 | |
| Download: ML20100K199 (1) | |
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l May 23,1976 ivn.11ra Dinitz, Indecmity SpeciaUst Antitrust and Indemnity Group 8
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Nuclear Reactor Regulation y
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Nuclear Regulatory Commission OCT l '.1982 :9 Washfugton, D. C. 20555 Deat ivtr. hinitz:
dORltilhh h1lCHIGla,
'il.ECTylc rnooFRATIV-I wish to thank you for your telephone call of April 28,1970, and tau ensuing letter pointing out the changes to thy'Prfce Anderson Act of 1957, which were enacted by fugl3c Law 94-197
.Wu were aware of these changes and the fast that owners of nuclear in the unlikelt occurrqnce of a nuclear incident. reactors may The Administrator or the Rural Electrification Administr9 tion is authorised, purquant to lite RE Act. $o make loana' euurse, all of.our bprroweya,(or auch petrospective premiums Of to d'at,'; would be Hable only for percentages of these retrospective premiums since the borrower,s usually own leiis than a full portion of the reactor. The prs =1ums would not be large with respect to the total nuclear plant investment or the nnnual operating cost of a large nuclear reactor.
J.a yout letter.you further asked our opinion as to the likeuhood of s
I dufault on the premiums by one or more utiuties. In our judgment the ristrospective premium would be relatively small when compare,d tu the total utiUty responsibilities of conducting business. I cancot foresco how auy utility large enough to be involved in nuclear 13uneration would forfeit payment of its retrospective premiums.
Sincerely David H. A:Csossard
- DAVID H. ASKEGAARD Deputy Administrator cc:
Official File-PPB
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